All Financial wellbeing articles – Page 62
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ArticlePoundstretcher gives staff 10% pay rise
Retailer Poundstretcher is to reward established employees with a 10% pay rise in recognition of their hard work throughout the Covid-19 (Coronavirus) pandemic.From 1 January 2022, those who have been members of staff at the business for a full year will receive the hike in their basic annual salary.This will ...
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ArticleHC-One launches new pay and reward scheme
Care provider HC-One has invested £17 million in a new pay and reward scheme for staff to ensure they can earn above the real living wage.The business, which employs around 21,000 members of staff across the UK, will give all care employees with two years of experience above the real ...
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ArticleAnchor to pay staff real living wage rates
Anchor, also known as Anchor Hanover Group, has announced that it will pay its 9,000 members of staff real living wage rates as of this month (December).The organisation, which offers retirement housing to rent and to buy, retirement villages and residential care homes, including specialist dementia care, will pay the ...
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ArticleKavitha's keynote: Acknowledging employees’ hard work
This week, we’ve reported on some of the rewards employers have given to staff to acknowledge their hard work throughout the year.Toymaker Lego, for example, offered its 20,000 employees around the world three extra days of holiday on top of their annual allowance, as well as a bonus in April ...
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Article43% of staff do not feel financially on track
New study findings have revealed that more than two in five employees (43%) do not feel like they are financially on track to live the life they want in the future.Research from Aviva’s report Evolving in the age of ambiguity, which is the third instalment of a two-year study into ...
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ArticleStagecoach staff in Yorkshire strike due to pay row
More than 560 Stagecoach bus drivers based in Sheffield, Barnsley and Rotherham in Yorkshire have been striking over a pay dispute.The organisation's employees were balloted earlier this month (November) for strike action after a pay offer was rejected, with the results revealing that they supported the idea.It began at the ...
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Article63% say financial knowledge is excellent or above average
Six out of 10 workers (63%) think their financial knowledge is either excellent or above average, according to a new survey.The research of 1,015 UK working adults in employment was carried out by Vital Research for Wealth at Work, and aimed to find out how employees are saving for their ...
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ArticleAmazon staff protest over pay and work conditions
Workers employed by online retail giant Amazon located in 20 countries, including the UK and US, have planned to stop work and protest on Black Friday (today) over pay and working conditions.Make Amazon Pay, the campaign group behind the protest, is backed by a coalition of labour groups, trade unions, ...
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ArticleSalesforce introduces global gender inclusive benefits
Cloud-based software business Salesforce has launched global gender inclusive benefits this month (November) to provide financial and emotional support to all of its transgender and non-binary employees across the world.Designed in partnership with its LGBTQ+ staff resource group Outforce, the organisation, which has more than 50,000 workers across the world, ...
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Article35% of staff worked when ill during past 18 months
New data has highlighted that more a third (35%) of UK adults have continued to work while feeling unwell in the past 18 months, rising to almost half (46%) among those aged 18-34.Research carried out by Opinium on behalf of Canada Life found that 21% of adults who admitted to ...
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Supplier articleWhat Is A Salary Sacrifice Scheme?
As UK businesses set out on the ‘road to zero’ and de-carbonisation of their fleet vehicles, many schemes are being set up with an onus on promoting the use of electric vehicles (EVs) and hybrid vehicles. These are particularly effective if they can be tied in with working and financial ...
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Supplier articleThe Most Cost-Effective Way You Can Lease A Brand New Electric Car In 2022
Businesses have never faced as many challenges as they do with 2022 approaching. Quite apart from the usual competitive marketplace, the ‘unknowns’ presented by Brexit and the COVID pandemic have created an economic outlook like nothing anyone has ever seen. At the best of times businesses have to keep a ...
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Article54% of employees' retirement plans hit by Covid
New data has revealed that more than half (54%) of UK working adults said that the impact of the Covid-19 (Coronavirus) pandemic has affected their plans to retire.According to research carried out by insurance provider Aviva, nearly one in five (18%) respondents feel less secure about their financial future, peaking ...
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ArticleStuart Delivery staff to protest over pay cut
Sheffield, UK-based food delivery couriers employed by Stuart Delivery will take part in a protest regarding a planned pay cut.The action will take place on 28 November (Sunday), with couriers set to stage a motorcade leaving from Queen Street at 11am, before arriving at Sheffield Town Hall at 12pm where ...
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OpinionSuzanne Staunton: How can employers tackle furlough fraud?
With the UK government’s furlough scheme having come to an end, HM Revenue and Customs (HMRC) has now stepped forward to start counting the cost of the scheme to taxpayers. Already, many instances have been identified of bogus companies having been set up purely to siphon off public funds, the ...
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ArticleArtfarm becomes living wage employer
Independently owned hospitality business Artfarm has become an accredited living wage employer due to its commitment to pay all employees a rate higher than the national minimum wage (NMW).The company, which operates sites in Scotland, Somerset and London, will now ensure that all of its 200-plus members of staff currently ...
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ArticleInnis and Gunn becomes living wage employer
Scottish brewer Innis and Gunn has been accredited as a living wage employer as part of its plan to further support its more than 100 members of staff.According to the business, which is one of 120 accredited living wage employers in the Scottish hospitality sector, it has voluntarily committed to ...
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ArticleWalker Morris introduces staff sabbatical scheme
Law firm Walker Morris has launched a sabbatical scheme this month (November) for all of its solicitors with more than two years of service, with around 160 people currently eligible for it.A sabbatical can be taken after workers have built up a defined period of service post-qualification from 1 November ...
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ArticleReuters agrees to £310 million pension buy-in
Reuters, an international news organisation owned by Thomson Reuters, has announced that it has agreed to a £310 million full-scheme buy-in transaction for its supplementary pension scheme.The transaction was the agency’s first with financial services company Legal and General Assurance Society, otherwise known as Legal and General, and involved the ...
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ArticleTrentbarton gives 1,000 employees wage rise
Nottinghamshire bus company Trentbarton has announced that it will be giving its 1,000 members of staff an extra pay rise on top of their annual raise.The additional wage increase will take effect from the end of January 2022 and will result in most drivers receiving an hourly rate of between ...